Plug Power Inc. (PLUG)Industrials | Electrical Equipment & Parts | Slingerlands, United States | NasdaqCM
2.17 USD
-0.06
(-2.691%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 2.15 -0.02 (-0.021%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:24 a.m. EDT
The investment case for this fuel cell company has collapsed, driven by a brutal multi-year price decline and deteriorating fundamentals. The stock has lost nearly 80% of its value over the last four years, with the most recent annual return being a sharp drop, signaling that the market has thoroughly rejected the current business model. Financially, the picture is dire: the company is burning cash aggressively, generating negative free cash flow, and posting gross losses on sales. Despite a recent analyst downgrade cutting the price target, the consensus remains cautious, though some upside exists based on the wide gap between the current price and the mean target. However, the options market tells a stark story of fear, with traders stacking heavy protective puts at levels well above today's price, suggesting they expect the slide to continue rather than reverse. With no dividend to provide income and a balance sheet weighed down by significant debt against shrinking cash reserves, there is no margin of safety here. The recent news of a green hydrogen win in Australia offers a glimmer of operational progress, but it is insufficient to counteract the structural damage inflicted by years of declining revenue and profitability. This is a speculative turnaround play with high risk, not a viable investment for capital preservation or steady growth. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.136868 |
| AutoETS | 0.139182 |
| AutoARIMA | 0.139182 |
| AutoTheta | 0.185200 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 1.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.201 |
| Excess Kurtosis | -1.30 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 130.532 |
| Revenue per Share | 0.588 |
| Market Cap | 3,027,299,840 |
| Forward P/E | -13.56 |
| Beta | 2.17 |
| Profit Margins | -227.13% |
| Website | https://www.plugpower.com |
As of July 11, 2026, 4:24 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts relative to calls. The put/call ratio is skewed significantly toward selling, particularly at strikes above the current price, indicating a consensus expectation of further weakness rather than a bounce.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.42038214 |
| Address1 | 125 Vista Boulevard |
| All Time High | 1,565.0 |
| All Time Low | 0.12 |
| Ask | 2.47 |
| Ask Size | 1 |
| Audit Risk | 7 |
| Average Analyst Rating | 2.8 - Hold |
| Average Daily Volume10 Day | 55,452,620 |
| Average Daily Volume3 Month | 72,528,106 |
| Average Volume | 72,528,106 |
| Average Volume10Days | 55,452,620 |
| Beta | 2.166 |
| Bid | 1.84 |
| Bid Size | 1 |
| Board Risk | 7 |
| Book Value | 0.538 |
| City | Slingerlands |
| Compensation As Of Epoch Date | 1,672,444,800 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.17 |
| Current Ratio | 2.358 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 2.26 |
| Day Low | 2.135 |
| Debt To Equity | 130.532 |
| Display Name | Plug Power |
| Earnings Call Timestamp End | 1,778,531,400 |
| Earnings Call Timestamp Start | 1,778,531,400 |
| Earnings Timestamp | 1,778,529,600 |
| Earnings Timestamp End | 1,786,392,000 |
| Earnings Timestamp Start | 1,786,392,000 |
| Ebitda | -613,990,016 |
| Ebitda Margins | -0.82999 |
| Enterprise To Ebitda | -6.231 |
| Enterprise To Revenue | 5.172 |
| Enterprise Value | 3,826,020,096 |
| Eps Current Year | -0.3 |
| Eps Forward | -0.16 |
| Eps Trailing Twelve Months | -1.35 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.1608 |
| Fifty Day Average Change | -0.9907999 |
| Fifty Day Average Change Percent | -0.3134649 |
| Fifty Two Week Change Percent | 42.038216 |
| Fifty Two Week High | 4.58 |
| Fifty Two Week High Change | -2.4099998 |
| Fifty Two Week High Change Percent | -0.52620083 |
| Fifty Two Week Low | 1.39 |
| Fifty Two Week Low Change | 0.7800001 |
| Fifty Two Week Low Change Percent | 0.56115115 |
| Fifty Two Week Range | 1.39 - 4.58 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 941,203,800,000 |
| Float Shares | 1,330,316,295 |
| Forward Eps | -0.16 |
| Forward P E | -13.562501 |
| Free Cashflow | -407,408,128 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 2,344 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | -0.31239 |
| Gross Profits | -231,095,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.04541 |
| Held Percent Institutions | 0.69023 |
| Implied Shares Outstanding | 1,395,069,082 |
| Industry | Electrical Equipment & Parts |
| Industry Disp | Electrical Equipment & Parts |
| Industry Key | electrical-equipment-parts |
| Ir Website | http://www.b2i.us/profiles/investor/CSummary.asp?BzID=604&Nav=0&LangID=1&s=0&tPName=Profile |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,305,849,600 |
| Last Split Factor | 1:10 |
| Long Business Summary | Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York. |
| Long Name | Plug Power Inc. |
| Market | us_market |
| Market Cap | 3,027,299,840 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_405483 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -1,680,242,048 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,111,004,052 |
| Number Of Analyst Opinions | 16 |
| Open | 2.2077 |
| Operating Cashflow | -580,307,968 |
| Operating Margins | -0.63558996 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.84 |
| Phone | 518 782 7700 |
| Post Market Change | -0.021300077 |
| Post Market Change Percent | -0.98157036 |
| Post Market Price | 2.1487 |
| Post Market Time | 1,783,987,162 |
| Previous Close | 2.23 |
| Price Eps Current Year | -7.233333 |
| Price Hint | 4 |
| Price To Book | 4.0334573 |
| Price To Sales Trailing12 Months | 4.0922837 |
| Profit Margins | -2.2713401 |
| Quick Ratio | 0.895 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.8 |
| Region | US |
| Regular Market Change | -0.0599999 |
| Regular Market Change Percent | -2.69058 |
| Regular Market Day High | 2.26 |
| Regular Market Day Low | 2.135 |
| Regular Market Day Range | 2.135 - 2.26 |
| Regular Market Open | 2.2077 |
| Regular Market Previous Close | 2.23 |
| Regular Market Price | 2.17 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 35,189,375 |
| Return On Assets | -0.13572 |
| Return On Equity | -1.28791 |
| Revenue Growth | 0.223 |
| Revenue Per Share | 0.588 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 1,395,069,082 |
| Shares Percent Shares Out | 0.2442 |
| Shares Short | 340,731,106 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 347,303,584 |
| Short Name | Plug Power, Inc. |
| Short Percent Of Float | 0.2752 |
| Short Ratio | 5.87 |
| Source Interval | 15 |
| State | NY |
| Symbol | PLUG |
| Target High Price | 7.0 |
| Target Low Price | 0.75 |
| Target Mean Price | 3.54688 |
| Target Median Price | 3.5 |
| Total Cash | 233,388,992 |
| Total Cash Per Share | 0.167 |
| Total Debt | 1,010,172,992 |
| Total Revenue | 739,758,016 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.35 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.63015 |
| Two Hundred Day Average Change | -0.46015 |
| Two Hundred Day Average Change Percent | -0.174952 |
| Type Disp | Equity |
| Volume | 35,189,375 |
| Website | https://www.plugpower.com |
| Zip | 12,159 |